Convert, a 35 year-old Italian company active in the energy sector, is now ranked fourth in the world rankings of trackers in 2016, according to a study by global analyst firm IHS Markit.Trackers are a technological component that allow PV panels to move according to the sun’s position. The IHS Markit ranking lists products by megawatt delivered by tracker manufacturers to customers in 2016. Convert was the top European company in this ranking.

According to IHS Markit, Convert’s entry into the world’s top four positions is due to the success that the company found in Latin America, India and EMEA (Europe, Middle East and Africa), where the tracker market is constantly expanding. The company, founded by Giuseppe Moro, is the owner of the patent for its top product: the TRJ tracker, a single-axis tracker that achieves up to 30% higher performance than the fixed-panel PV systems.